SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
14 Jul, 2024, 04.32 PM IST
SoftBank ex-COO to lead Chinese phenom Shein’s Latam driveClaure, once a lieutenant to SoftBank founder Masayoshi Son, will lead the region’s operations, according to a statement Tuesday. The forme...
31 Jan, 2023, 11.15 PM IST
Never invest because of FOMO: former SoftBank COO Marcelo Claure after FTX debacleMasayoshi Son’s telecoms and technology conglomerate SoftBank is expected to have written down $100 million after FTX meltdown.
13 Nov, 2022, 02.56 PM IST
SoftBank executive pay slashed after historic Vision Fund lossSoftBank’s founder and chief executive officer (CEO) Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000), however fo...
30 May, 2022, 12.30 PM IST
JusPay launches software to make digital wallets mutually compatibleThe Reserve Bank of India (RBI) said in May 2021 that all prepaid cards and wallets that are full-KYC compliant must be fully interoperable...
17 Feb, 2022, 04.10 PM IST
Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
29 Jan, 2022, 03.20 PM IST
SoftBank COO to step down, as per media reportsThe potential exit comes after a media report citing multiple sources said last month that Claure was seeking about $2 billion in compensat...
28 Jan, 2022, 07.47 AM IST
Swiggy COO Vivek Sunder to step down, CEO Majety takes over roleCOO Vivek Sunder, who was overseeing Swiggy's food delivery business, has decided to pursue interests “outside of Swiggy”, CEO Sriharsha Ma...
05 Jul, 2021, 02.00 PM IST
SoftBank Vision Fund head's pay doubled last year despite massive lossesSoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as th...
29 May, 2020, 09.16 AM IST
Paytm Mall raises Rs 3,000 crore from SoftBank, AlibabaWhen contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's bu...
03 Apr, 2018, 08.12 AM IST
SoftBank in talks with Paytm Mall for a Rs 3,000 crore roundThe company is reportedly also in talks with several other investors like Singapore’s Temasek Holdings and China’s Primavera Capital Group ...
06 Mar, 2018, 07.43 AM IST
Top Alibaba execs join board of Paytm MallThese top executives are also on the board of Alibaba group indicating the importance being ascribed to India by the Chinese internet giant.
29 Aug, 2017, 11.11 AM IST
Uber saga shows investors’ growing role in startupsInvestors are increasingly becoming more involved in steering the fortunes of domestic Internet companies after pouring in millions of doll...
22 Jun, 2017, 06.36 AM IST
Ola in talks with SoftBank, others to raise fresh fundsSoftBank recently led a $750million cash injection in Grab, Uber's competitor in Southeast Asia, signalling its support for its investee co...
13 Oct, 2016, 10.37 AM IST
Nikesh Arora's resignation is unlikely to hurt India's startup ecosystem much. Here's whyThe Tokyo-based investor has anyway slowed down investments in India and has not made any fresh deals in the past eight-nine months.
22 Jun, 2016, 03.50 AM IST
SoftBank's Nikesh Arora gets $73 million pay package for 2016As per a proxy issued by SoftBank today, Arora's compensation includes $14.2 million (1.56 billion) paid by other SoftBank units.
26 May, 2016, 02.21 PM IST
SB Energy wins NTPC bid for solar project in Andhra PradeshSB Energy, the joint venture firm of SoftBank, Bharti Enterprises and Foxconn, has won its first solar project in India at a tariff of Rs 4...
16 Dec, 2015, 01.23 PM IST